The tenure of loan could be from one to maximum seven years for new cars and for used cars. The age of the car at loan maturity should not cross 9 years subject to maximum loan tenure of 5 years and vehicle type.

Imported vehicles are also funded on case-to-case basis. The lending rates are dependent on various factors including cost of funds, customer credentials, geography, asset, tenor and discounts offered in the market. Tata Capital ensures that you get a transparent and good deal at the time of availing the loan.